Prime Mixed-Use Investment Opportunity! Discover exceptional potential with this well-maintained commercial/residential property offering over 9,400 sq. ft. of total space. Located in a high-visibility area, this solid building includes two commercial units (each approx. 2,300 sq. ft.) and four residential apartments - ideal for investors or owner-operators seeking income stability and flexibility. Each commercial unit features gas heat, with Unit #925 boasting a brand-new gas furnace (installed May 2025). A 430 sq. ft. rear main floor storage area adds further versatility.. The upper levels include three spacious 2-bedroom apartments (approx. 900-950 sq. ft. each), all with separate electrical heat paid by tenants, plus a partially completed rear 1-bedroom apartment (approx. 600 sq. ft.) featuring a roughed-in bath, a new water heater, new roof, and four new windows. Both commercial units offer flexible layouts and can be subdivided, making it possible to create up to 8 individual units. For example, #925 could be easily divided into two commercial spaces (front 1,400 sq. ft. and rear 900 sq. ft.) with the addition of a 2-piece bath and partition wall. Additional highlights include 3 parking spaces, excellent street exposure, and strong income potential. Whether you're expanding your portfolio or looking for a space to operate your business with rental income above, this property delivers versatility, functionality, and opportunity in one package. (id:62499)
| MLS® Number | X12477080 |
| Property Type | Retail |
| Community Name | Owen Sound |
| Farm Type | Other |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 9458 Sqft |
| Size Interior | 9,458 Ft2 |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 169 Ft ,3 In |
| Size Frontage | 41 Ft ,2 In |
| Size Irregular | Bldg=41.24 X 169.31 Ft |
| Size Total Text | Bldg=41.24 X 169.31 Ft |
| Zoning Description | C1-1 |
https://www.realtor.ca/real-estate/29021352/925-927-2nd-avenue-e-owen-sound-owen-sound
Contact us for more information
Matt Hutten
Broker
(519) 376-9210
(519) 376-1355
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